Zillow Advice: When to Sell - when will the Boca Raton area see better house prices http://www.zillow.com/advice-thread/when-will-the-Boca-Raton-area-see-better-house-prices/181164/ Zillow Advice | Zillow Real Estate Like so many other areas ... http://www.zillow.com/advice-thread/when-will-the-Boca-Raton-area-see-better-house-prices/181164/ Like so many other areas nationally, when optimism replaces fear, consumers will start buying in earnest.&nbsp; Inventory levels will fall and values will increase.<br/><br/>When that will happen is anyone's guess. Fri, 02 Sep 2011 18:27:00 GMT http://www.zillow.com/advice-thread/when-will-the-Boca-Raton-area-see-better-house-prices/181164/ 2011-09-02T18:27:00Z If you're selling a home ... http://www.zillow.com/advice-thread/when-will-the-Boca-Raton-area-see-better-house-prices/181164/ If you're selling a home in Boca Raton, then you are not likely to see an increase in prices for several years, according to economic forecasts.<br/><br/>If, however, you are buying a home in Boca Raton, then you will find that Boca Raton home prices have never been lower. <br/><br/>Because of the abundance of foreclosures and short sales in Boca Raton, the choice of homes in every price category is wide-ranging.<br/><br/>And, because mortgage rates are currently under 5%, this is an excellent time to purchase a home in Boca Raton.<br/><br/>We're in the perfect buyer storm of lower prices and very low mortgage rates for homes in Boca Raton.<br/><br/>So if you're selling a home in Boca Raton, price for the market. No one is paying a premium these days. If you're buying a home in Boca Raton, smile.<br/><br/>Marc Jablon, The Jablon Team<br/>Realty Associates<br/>[Hotlink and contact information removed by Zillow moderator. Please see our&nbsp;<u><a href="http://www.zillow.com/howto/GoodNeighborPolicy.htm">Good Neighbor Policy</a></u>&nbsp;for more information.] Thu, 01 Sep 2011 16:43:00 GMT http://www.zillow.com/advice-thread/when-will-the-Boca-Raton-area-see-better-house-prices/181164/ 2011-09-01T16:43:00Z Whn you mean "better house ... http://www.zillow.com/advice-thread/when-will-the-Boca-Raton-area-see-better-house-prices/181164/ Whn you mean "better <a href="http://www.zillow.com/local-info/#metric=mt%3D18%26dt%3D1%26tp%3D5%26rt%3D14%26r%3D102001%2C394913%2C394806%2C394463">house prices</a>" you mean higher prices for a seller?<br/><br/>It will probably be a solid 5 years before housing prices start climbing.<br/><br/>At the moment, shortsales and <a href="http://www.zillow.com/homes/for_sale/fore_lt/">foreclosures</a> are driving all prices down, not to mension high unemployment rate in the state of florida.<br/><br/>When all shortsales and foreclores are off the market, things will start changing drastically.<br/><br/>This year, 2010, we expect another wave of foreclosures to hit because a lot of ARM <a href="http://www.zillow.com/mortgage/">mortgages</a> are expiring and people just can't afford to make those higher payments.<br/><br/>Please let me know if I can answer any additional questions you might have.<br/><br/>Sincerely,<br/>Eleonora Wed, 13 Jan 2010 01:50:00 GMT http://www.zillow.com/advice-thread/when-will-the-Boca-Raton-area-see-better-house-prices/181164/ 2010-01-13T01:50:00Z